2.7 million shares short sold on 16 dec out of 6.98 million...

2.7 million shares short sold on 16 dec out of 6.98 million traded on the day. Now you can bet it's not the plonkers on HC who rabbit on about shorting that are doing those volumes. It would be nice if there was a cap on % that can be sold per day as the above percentages tied in with selling down of a stock through algorithms is manipulation of the price through computerised trading and sold to joe public under the guise of some headline BS from the sensationalist media hype . Absolute krap. Problem is asx makes bigger profits from the funds and brokers running these trades paying based on volumes of shares traded at day end, not per transaction as per retail punters.
That's a very high percentage of shorting, how can you compete with that when you're looking to value invest?
Excuse the rant but the current valuation is not a true reflection of where the SP would be should the true market forces be allowed to play out without this forced down selling.
It's nearly enough to make someone go postal and go make an example of some of these brokerage firms to make them realise there's consequences and accountability for ones actions.